Bertelsmann seeks acquisitions to reinforce its media empire

Article Abstract:

Bertelsmann AG posted a sharp increase in earnings and said it intends to make some acquisitions to boost its books, magazines, and music sectors. It also plans a complete reorganization of its book-club business to adapt the clubs to the Internet.

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Vivendi proves itself to be quick study in acquisition trend

Article Abstract:

Vivendi Universal SA's planned acquisition of Houghton Mifflin Co. reflects the trend of global media conglomerates acquiring educational publishers in the US. The deal is valued at $1.7 billion (2.01 billion euros).

United States, Houghton Mifflin Co., HTN

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Bertelsmann buys remaining stake of Loisirs venture

Article Abstract:

Bertelsmann AG has purchased a 50% share of its France Loisirs joint-venture from Vivendi Universal SA. The move is an attempt by Bertelsmann to restructure its book club operations.

Book Stores, Booksellers, Bookstores, France Loisirs S.A.

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